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Energy department moves to limit oil price adjustments - BusinessWorld Online

Summary by bworldonline.com
THE GOVERNMENT has moved to limit fuel price adjustments as it aims to soften the impact of elevated costs on consumers who have questioned the pace of price rollbacks, Energy Secretary Sharon S. Garin said on Monday. At a press briefing, Ms. Garin said oil retailers should adjust prices in line with the range provided by the Department of Energy (DoE) every week amid the state of national energy emergency. She noted President Ferdinand R. Marco…

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Energy department moves to limit oil price adjustments - BusinessWorld Online

THE GOVERNMENT has moved to limit fuel price adjustments as it aims to soften the impact of elevated costs on consumers who have questioned the pace of price rollbacks, Energy Secretary Sharon S. Garin said on Monday. At a press briefing, Ms. Garin said oil retailers should adjust prices in line with the range provided by the Department of Energy (DoE) every week amid the state of national energy emergency. She noted President Ferdinand R. Marco…

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bworldonline.com broke the news on Monday, April 20, 2026.
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